Allspring Multi-Sector Income Fund (ERC)
| Market Value | 260.34M |
| Revenue (ttm) | 28.95M -5.0% |
| Net Income | 27.08M -28.6% |
| EPS | 0.97 -28.6% |
| Shares Out | 28.05M |
| PE Ratio | 9.61 |
| Forward PE | n/a |
| Dividend | $0.87 (9.35%) |
| Ex-Dividend Date | Apr 10, 2026 |
| Volume | 49,548 |
| Open | 9.27 |
| Previous Close | 9.26 |
| Day's Range | 9.26 - 9.33 |
| 52-Week Range | 8.72 - 9.78 |
| Beta | 0.58 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ERC
Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds. Allspring Multi-... [Read more]
Financial Performance
In fiscal year 2025, ERC's revenue was $28.95 million, a decrease of -4.99% compared to the previous year's $30.47 million. Earnings were $27.08 million, a decrease of -28.64%.
Financial StatementsNews
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., March 27, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities a...
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C., Feb. 24, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and Hi...
Closed-end funds advised by Allspring Funds Management renew share repurchase programs
CHARLOTTE, N.C. , Nov. 13, 2025 /PRNewswire/ -- The following four Allspring closed-end funds announced today that they will renew their open-market share repurchase programs: Allspring Global Dividen...
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Funds Board of Trustees Announces New Trustees
CHARLOTTE, N.C. , Nov. 12, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and H...
Allspring Closed-End Funds Announce Changes to their Portfolio Management Teams
CHARLOTTE, N.C. , Oct. 8, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE America: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and Hig...
Allspring Closed-End Funds Declare Monthly Distributions and Announce a Portfolio Manager Change
CHARLOTTE, N.C. , July 25, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities a...
Allspring Announces Change to Multi-Sector Income Fund Portfolio Management Team
CHARLOTTE, N.C. , Oct. 29, 2024 /PRNewswire/ -- Effective today, Adam Hicks will be added as a portfolio manager on the Allspring Multi-Sector Income Fund (NYSE American: ERC) at Allspring Global Inve...
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Portfolio Manager Change on the Utilities and High Income Fund
CHARLOTTE, N.C. , May 30, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and Hi...
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Announces Change to Investment Strategy Guidelines for two Closed-End Funds
CHARLOTTE, N.C. , Feb. 22, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and H...
Allspring Closed-End Funds Adopt Amended and Restated By-Laws
CHARLOTTE, N.C. , Dec. 21, 2023 /PRNewswire/ -- The following Allspring closed-end funds announced today that the Board of Trustees for each Fund has approved the adoption of their respective Amended ...
Allspring Multi-Sector Income Fund Announces Change to Managed Distribution Plan
CHARLOTTE, N.C. , Aug. 17, 2022 /PRNewswire/ -- The Allspring Multi-Sector Income Fund (NYSE American: ERC), a closed-end fund, announced today that the fund's Board of Trustees has approved a change ...
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Allspring Announces Change to the Allspring Multi-Sector Income Fund Portfolio Management Team
CHARLOTTE, N.C., Feb. 22, 2022 /PRNewswire/ -- Allspring Global Investments announced today that Peter Wilson will retire from the firm.
Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C., Nov. 12, 2021 /PRNewswire/ -- The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), the Wells Fargo Utilities ...
Results of Special Shareholder Meetings of Wells Fargo Closed-End Funds
SAN FRANCISCO--(BUSINESS WIRE)--In connection with the proposed sale by Wells Fargo & Company of Wells Fargo Asset Management (WFAM) to a holding company affiliated with private funds of GTCR LLC and ...
Wells Fargo Closed-End Funds Announce Change of Date of Special Meeting of Shareholders
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Asset Management (WFAM) today announced that the Wells Fargo Income Opportunities Fund (NYSE American: EAD), Wells Fargo Multi-Sector Income Fund (NYSE Amer...
Wells Fargo Closed-End Funds Announce Board Approval of New Investment Advisory and Sub-Advisory Agreements
SAN FRANCISCO--(BUSINESS WIRE)--Each fund listed below has announced that its Board of Trustees has approved a new investment advisory agreement and new sub-advisory agreement(s), and has announced re...